Redefine Properties, SA’s second-largest listed property group with assets of R92bn, has more than doubled its energy savings across its portfolio, beating its environmental, social and corporate governance targets set by King 4 regulations that govern company behaviour in the country.

Property companies are under increasing pressure to cut electricity and water use, as they are among some of the biggest users of energy in corporate SA. Only a handful of listed property stocks have set up off-the-grid strategies for their portfolios.

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